Manufactures specialty chemicals from India, with operating activity concentrated through wholly-owned subsidiary Kalichem Private Limited, which runs a manufacturing facility in Vadodara, Gujarat. Kalichem commenced commercial production in November 2024 and became a wholly-owned subsidiary in February 2025. In May 2026, Kalichem filed a Consent to Establish amendment with the Gujarat Pollution Control Board to add various inorganic chemicals to the Vadodara plant as part of a diversification into the inorganic chemicals sector. The parent has also incorporated a non-profit Section 8 subsidiary, Chemcrux Foundation, to handle CSR activities. In FY26, standalone revenue from operations was Rs 8,257.92 lakh (up 17.5% YoY from Rs 7,025.39 lakh), with standalone profit after tax of Rs 544.97 lakh (up 30.1% YoY). Consolidated FY26 revenue was Rs 8,064.64 lakh with consolidated PAT of Rs 373.08 lakh, lower than standalone because of losses at the Kalichem subsidiary. The Board recommended a 10% dividend (Rs 1 per equity share of Rs 10 face value), subject to shareholder approval. Raw materials are the largest cost line at 35.1% of revenue (Rs 28.33 crore), followed by other operating expenses at 33.9% (Rs 27.34 crore) and employee costs at 11.9% (Rs 9.63 crore). Depreciation was 5.9% of revenue and capex for the year was Rs 5.15 crore. AR · MarketPing reader · 2026-08-03
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 78 | 70 | 81 |
| EBITDA (ex other income) | 13 | 9 | 11 |
| margin % | 16.8 | 13.2 | 13.8 |
| Owners' profit | 8 | 0 | 4 |
| EPS, as reported (₹) | 5.70 | 2.64 | 2.52 |
| ROE % · ROCE % | 11.7 · 12.7 | 5.2 · 7.0 | 4.9 · 8.2 |
| Debt / equity (x) | 0.35 | 0.56 | 0.44 |
| Cash from operations | 17 | 8 | 14 |
| Capex | (24) | (8) | (5) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 18 | 19 | 16 | 17 | 18 | 22 | 24 |
| Profit before tax | 2 | 2 | 2 | 1 | 0 | 0 | 2 | 3 |
| Net profit | 1 | 1 | 1 | 0 | 0 | 0 | 2 | 2 |
| EPS (₹) | 0.84 | 0.77 | 0.89 | 0.14 | 0.06 | 0.14 | 1.06 | 1.25 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PIDILITE INDUSTRIES LTD | 1,59,479 | 60.2 | 14.43 | 42.3 | 22.4 | 28.0 | 14.9 | 28.6 |
| SRF LTD | 73,583 | 34.0 | 5.24 | 22.7 | 13.1 | 13.1 | 13.4 | 25.2 |
| GUJARAT FLUOROCHEM LTD | 52,514 | 85.7 | 6.64 | 41.5 | 7.3 | 8.7 | 13.5 | 27.7 |
| NAVIN FLUORINE INT. LTD | 43,836 | 55.4 | 11.03 | 39.5 | 16.7 | 16.4 | 23.0 | 37.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Aug 2026 · AGM notice and annual report weblink shared with shareholders | compliance | minimal | — | — |
| 24 Aug 2026 · TDS communication on final dividend of Re. 1 per share for FY26 | corporate actions | medium | — | — |
| 24 Aug 2026 · Two Independent Directors cease upon completing their tenure | management changes | medium | — | — |
| 22 Aug 2026 · Newspaper publication of 30th AGM notice with e-voting and book closure details | compliance | minimal | — | — |
| 21 Aug 2026 · Chemcrux Enterprises: 30th AGM on 17 Sept 2026, Book Closure 11-17 Sept | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Final Dividend Record Date Set for 10 September 2026 | corporate actions | high | — | — |
| 21 Aug 2026 · Notice of 30th AGM on 17 Sept 2026 - Final Dividend, Director Remuneration | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Annual Report FY26 filed; 30th AGM set for 17 Sept 2026 | compliance | medium | — | — |
| 5 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 4 Aug 2026 · Non-Executive Director Sidhdhi Shah resigns from Chemcrux board | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| AETHER INDUSTRIES LIMITED |
| 22,229 |
| 94.3 |
| 9.05 |
| 60.4 |
| 8.9 |
| 11.4 |
| — |
| 33.8 |
| DEEPAK NITRITE LTD | 21,769 | 27.8 | 3.71 | 22.4 | 9.4 | 10.2 | 12.6 | 21.5 |
| ATUL LTD | 18,401 | 23.1 | 2.92 | 14.9 | 10.9 | 13.3 | 10.9 | 23.1 |
| AARTI INDUSTRIES LTD | 17,846 | 33.6 | 3.00 | 18.8 | 7.0 | 4.4 | 13.0 | 16.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 32.7 | 23.4 | 67 of 103 | 35% |
| P/B | 1.6 | 2.9 | 25 of 99 | 76% |
| ROCE | 5.1 | 10.3 | 76 of 108 | 30% |
| ROE | 4.8 | 8.1 | 73 of 101 | 28% |
| Debt / Equity | 0.4 | 0.2 | 78 of 101 | 23% |
| EBITDA margin | 18.7 | 15.5 | 39 of 99 | 61% |
| Revenue growth | 54.4 | 24.4 | 15 of 94 | 85% |
| Profit growth | 796.5 | 55.1 | 6 of 92 | 95% |
| Market cap | 122 | 732 | 82 of 107 | 24% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
